Helicopter crash in Panama kills three U S soldiers
A U S military OH 58 helicopter from Fort Ord California crashed near the Panama Canal killing three U S soldiers. Embassy spokesman Terrence Kneebone called it an apparent accident with no hostile fire. The crash occurred around 2 p m local time.
MENTIONED IN THIS ARTICLE
Panama City
Panama
U.S
Panama Canal
Terrence Kneebone
Kneebone
7Th Light Infantry Division
Fort Ord
Calif
FDA grants full approval for AIDS pneumonia drug
The FDA approved aerosol pentamidine to protect AIDS patients from a life threatening pneumonia. The drug had been used under a pre approval program and full approval should broaden insurance coverage for the costly treatment.
MENTIONED IN THIS ARTICLE
Washington
Food and Drug Administration
Navy faulted for wasting ship gear
The Navy derelict, sinking surplus ships without removing furniture and equipment worth millions. An inspector general report cites wrecked vessels at sea containing mattresses and milling machines that could fetch at least $17 million on the open market. Rep. William Broomfield called it a bureaucratic jungle.
MENTIONED IN THIS ARTICLE
Washington
Pentagon
William Broomfield
Rmich
Missing dog ransom case ends with four arrests
Police trapped four extortion suspects after a neighbor who found Sheila Hawkins' missing Yorkshire terrier Bentley demanded higher rewards and staged a late night drop at a gas station. Bentley was recovered unharmed. suspects included 18-year-olds Ronnie Blackwell and Rebecca Entsminger.
MENTIONED IN THIS ARTICLE
Sheila Hawkins
Bentley
Spartanburg
S.C
Ronnie Blackwell
Hawkins
Audrey McNair
House passes S and L bailout
The House approved a 157 billion savings and loan bailout on a 320 to 97 vote, backing tough reforms but rejecting Bush’s plan to keep costs off the deficit. The measure targets the S and L crisis caused by risky lending, with several big firms and banks singled out for removal of special provisions.
MENTIONED IN THIS ARTICLE
Washington
House
Bush
Texas
California
Florida
Jim Leach
Iowa
Repub
Lican
S&l
Sears
Chemical Bank of New York
First Interstate Bank of Los Angeles
Citicorp
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Paine Webber
Citizens Federal Savings Bank of Miami
Great Western Savings Bank
S&ls
Henry Hyde
B-Ill
Cape
Hyde
Senate
Treasury
U S trade deficit shrinks to eight point two six billion
The Commerce Department reports April exports rising 0.8 percent to a record 30.57 billion and imports dropping 2.6 percent to 38.84 billion, narrowing the April deficit to 8.26 billion, the smallest in nine months. Secretary Mosbacher cautions that a strong dollar may hinder continued gains.
MENTIONED IN THIS ARTICLE
Washington
U.S
Bush
Commerce Department
Commerce
Robert Mosbacher
New evidence supports existence of brown dwarfs
Ann Arbor reports telescope observations provide strong evidence for brown dwarfs, objects between planets and stars. William Forrest and team claim four to possibly nine candidates in Taurus, suggesting many such objects may make up a large portion of the universe's unseen mass.
MENTIONED IN THIS ARTICLE
Ann Arbor
Mich
American Astronomical Society
William Forrest
University of Rochester
Taurus
Forrest
University of Michigan
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